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DEFI Yield Lending Makerdao TVL and Outstanding Debt

DeFi

The total value of collateral deposited (TVL) alongside the total outstanding DAI debt issued against it on MakerDAO's Ethereum deployment Shown here for TVL.

Why it matters

To compare how much collateral backs MakerDAO's system against how much stablecoin debt has actually been issued from it.

How it is built

Tracking the USD value of total collateral deposits and the USD value of total outstanding DAI debt on MakerDAO's Ethereum vaults side by side over time.

What to watch

A widening gap between collateral and debt reflects a more conservatively collateralized system, while debt rising toward collateral value signals tighter overcollateralization buffers.

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